I-Mab ADR (NASDAQ: IMAB) is -49.95% lower on its value in year-to-date trading and has touched a low of $0.90 and a high of $2.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IMAB stock was last observed hovering at around $0.95 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.95, the stock is -7.77% and -19.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.41% at the moment leaves the stock -36.10% off its SMA200. IMAB registered -38.65% loss for a year compared to 6-month loss of -45.35%. The firm has a 50-day simple moving average (SMA 50) of $1.17878 and a 200-day simple moving average (SMA200) of $1.491695.
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The stock witnessed a -19.42% gain in the last 1 month and extending the period to 3 months gives it a -15.10%, and is -2.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.53% over the week and 7.33% over the month.
I-Mab ADR (IMAB) has around 220 employees, a market worth around $73.24M and $1.10M in sales. Profit margin for the company is -10901.66%. Distance from 52-week low is 5.78% and -62.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-50.17%).
The EPS is expected to grow by 63.70% this year
The shares outstanding are 77.02M, and float is at 76.81M with Short Float at 0.80%.
The top institutional shareholder in the company is HHLR ADVISORS, LTD. with over 6.91 million shares valued at $11.54 million. The investor’s holdings represent 7.7935 of the IMAB Shares outstanding. As of 2024-06-30, the second largest holder is CALIGAN PARTNERS LP with 3.37 million shares valued at $5.64 million to account for 3.8067 of the shares outstanding. The other top investors are BOOTHBAY FUND MANAGEMENT, LLC which holds 1.38 million shares representing 1.5559 and valued at over $2.3 million, while TWO SIGMA ADVISERS, LP holds 0.6504 of the shares totaling 0.58 million with a market value of $0.96 million.
